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34532371
34532370

215 5th Street, Portland, TX 78374 For Sale

DC
501952126 Texas
$292,000
3 days on market
Updated 3 days ago

215 5th Street

Details
Property Type Retail, Self Storage
Units 56
NOI $30,000
Occupancy 100%
Lease Type Net
Year Built 1983
Buildings 3
Lot Size (SqFt) 21,375
Zoning Mixed Use
Ground Lease No

Income Producing Storage Facility Low Maintenance Investment

Marketing description

This established self-storage facility presents an outstanding opportunity for investors seeking a revenue generating commercial asset with a proven income history, consistent cash flow and low maintenance ownership. Ideally located in Portland's thriving 5th & Elm Entertainment District, the property benefits from excellent visibility, convenient access and strong exposure in a growing commercial area. The property has chain link fencing and security gate entrance. A total of 56 units (17)10x20, (24) 10x10, (4) 8x18, (10) 10x20 outdoor parking spaces, (1) storage unit (trailer) 5x10 Buildings are well maintained. Don't miss the opportunity to own an income producing storage facility.

Investment highlights

Established Business

Strong exposure in a growing commercial area

Consistent cash flow

Listing Contacts

DC
501952126 Texas

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$30,000.00
$2,500.00/mo

Valuation Metrics

0
DSCR
10.27%
Cap Rate
10.27%
ROI

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Additional Information

Name
Mary Brigdes
License
0538044
Brokerage Phone
3616433681
Title
Broker of Record
Brokerage Address
901 A. Market
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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